SHANGHAI, Oct. 8 /PRNewswire-FirstCall/ -- China Cablecom
Holdings, Ltd. ("China Cablecom" or the "Company") (Nasdaq: CABL),
a joint-venture provider of cable television services in
the People's Republic of China
(PRC), today announced that it will report its financial results
for the second quarter ending June 30,
2010, before the open of US markets on October 15, 2010. In addition, China Cablecom's
management team will host an earnings conference call at
8:30 a.m. Eastern Time on
October 15, 2010 (8:30 p.m. on October 15,
2010 Shanghai time).
Mr. Clive Ng, Founder and
Executive Chairman of China Cablecom, will be joined by Mr. Sikan
Tong, Chief Financial Officer, to discuss the financial results for
the second quarter of 2010. To participate in this call, interested
parties may dial +1-877-941-1465 (US) or +1-480-629-9644
(International).
Alternatively, participants may listen to the live broadcast of
the call over the internet at China Cablecom's Investor Relations
website (www.chinacablecom.net/investors).
A replay of the conference call will be available through
October 29, 2010 until midnight Eastern Daylight Time by dialing
+1-800-406-7325 (US) or +1-303-590-3030 (International) and
entering access code 4373677.
About China Cablecom
China Cablecom is a joint-venture provider of cable television
services in the People's Republic of
China, operating in partnership with a local state-owned
enterprise ("SOE") authorized by the PRC government to control the
distribution of cable TV services through the deployment of analog
and digital cable services. China Cablecom has consummated the
acquisition of a 55 percent economic interest in a cable network in
Hubei province with paying
subscribers exceeding 1,200,000. The Company originally acquired
operating rights of the Binzhou Broadcasting network in Binzhou,
Shandong Province in September 2007 by entering into a series of asset
purchase and services agreements with a company organized by SOEs,
owned directly or indirectly by local branches of State
Administration of Radio, Film and Television in five different
municipalities to serve as a holding company of the relevant
businesses. China Cablecom now operates 28 cable networks with over
1.67 million paying subscribers. China Cablecom's strategy is to
replicate the acquisitions by operating partnership models in other
municipalities and provinces in the PRC and then introducing
operating efficiencies and increasing service offerings in the
networks in which it operates.
Safe Harbor Statement
The matters discussed in this press release contain
"forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995. Forward-looking statements contained
in this presentation and in the Company's other written and oral
reports are based on current Company expectations and are subject
to numerous risks, uncertainties and assumptions, Any
forward-looking statements are not guarantees of future performance
and actual results of operations, financial condition and
liquidity.. The forward-looking statements herein speak only as of
the date stated herein and might not occur or the actual results
may differ materially in light of these risks, uncertainties, and
assumptions. The Company undertakes no obligation and disclaims any
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events,
or otherwise. You should carefully consider these factors, as well
as the additional risk factors outlined in the filings that the
Company makes with the U.S. Securities and Exchange Commission,
including the Annual Report on Form 20-F filed on July 15, 2010.
China Cablecom Holdings,
Ltd.
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www.chinacablecom.net
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CONTACT: ir@chinacablecom.net
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SOURCE China Cablecom Holdings, Ltd.
Copyright t. 8 PR Newswire